Fuel prices cut to fight slowdown

Deepest reductions in more than 3 years come as global market drops

Gasoline and diesel prices have been cut for the second time in a month amid growing government efforts to reverse a sharp slowdown in the economy.

The reduction came after an interest rate cut on Thursday - the country's first in nearly four years - prompting analysts to suggest that data due this weekend will show May trade and industrial activity was even weaker than pessimistic forecasts had suggested.